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David Abrams

Abrams Capital Management

David Abrams Franklin Resources Inc stake

total: 84

Abrams Capital Management BEN trades

Total transactions:
8
New positions:
1
Sold out:
1
Added:
3
Reduced:
3
Held since:
2015 Q4
Held for:
20 quarters
Latest activity:
2020 Q4
According to 2026 Q1 report, David Abrams doesn't hold any Franklin Resources Inc (BEN) shares. To date, the estimated cost basis is nearly $36.07 for "buy" trades and estimated average "sell" price is $20.72. Abrams Capital Management first purchased BEN in 2015 Q4, initially acquiring about 5.28M shares. Since the initial investment in Franklin Resources Inc (BEN), Abrams Capital Management has made 7 more transactions.

When did David Abrams sell Franklin Resources Inc (BEN)?

David Abrams sold off the entire Franklin Resources Inc (BEN) position in 2020 Q4.

When did David Abrams buy Franklin Resources Inc (BEN)?

David Abrams first invested in Franklin Resources Inc (BEN) in 2015 Q4 at the reported quarter-end price of $36.82 per share.

What's the cost basis of Abrams Capital Management's BEN stake?

The estimated cost basis for Franklin Resources Inc (BEN) stake is around $36.07 per share. This represents their average reported price* across all buy transactions

Estimated cost basis*

Weighted AVG buy price:
$36.07
Weighted AVG sell price:
$20.72

David Abrams's historical trades in Franklin Resources Inc

8 results
Period % of
portfolio
Shares
held after*
Reported
price*
Value* % (shares)
of activity
% change
to portfolio
2020 Q4
0.00%
$20.35
-100% (-8,203,848)
2020 Q3
5.28%
$20.35
-15.58% (-1,513,993)
2019 Q4
7.84%
$25.98
-0.56% (-54,645)
2019 Q1
9.10%
$33.14
-2.64% (-265,220)
2018 Q4
12.30%
$29.66
+0.93% (+92,683)
2018 Q3
7.99%
$30.41
+25.17% (+2,000,000)
2016 Q1
14.66%
$39.05
+50.60% (+2,669,361)
2015 Q4
10.62%
$36.82
new
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.